Buyer-Supplier Relationship on Supply Chain Performance A Case Study of Byeyogere Steelworks Ltd

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Date
2016-09
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Publisher
Kampala International University, College of Economics and Management.
Abstract
The study investigated “The impact of a buyer-supplier relationship on supply chain performance, a case study on steelworks LTD.” The study was guided by three research objectives which were; To find out the impact and benefits of the buyer-supplier relationship on supply chain performance, to establish the relationship between buyer and supplier on supply chain performance and lastly to identify the type of buyer-supplier relationship that exists at Bweyogerere steel works. The methodology involved the use of a cross-sectional research design because the researcher intended to use a variety of knowledgeable respondents. Quantitative measures were employed through the use of questionnaires to attain data from the variables under investigation to generate the information. The findings revealed that Steel works has various factors that lead to the development of supplier relationship some of these factors singled out were: Huge reduction in the cost of purchasing, logistics is attributed to existing relationships, the institution shares the information freely with its suppliers, enhanced innovation and creativity is realized through the relationship, joint problem solving and risk sharing is enhanced through the relationship, the institute enjoys a bigger market share through partnering with its suppliers, most of the materials purchased by your institution are usually of low value and low volume, the institution is always engaged in joint collaboration with its suppliers, the institution obtains most of its materials from external supply sources, most transactions with your suppliers are basically one-off, the institution depends on a variety of suppliers for the provision of its material needs, joint collaborations with your suppliers improves product quality and innovations, timely delivery and reduced supply risk results from closer communication with your suppliers, improvement in material quality and elimination waste results from clear understanding of material requirements, flexibility is enhanced as a result of sharing information on materials needs of other organization and lastly increased reliance on multiple suppliers increases the rate with which materials are made available to your institution. The study recommends here is need for hiring staff with required advanced procurement skills and most of all continuous on job training in form of seminars, short courses and workshops as ix regards to procurement and inventory management. This greatly enables staff to be professional in the best way possible as this will tend to leave clients satisfied hence attracting new ones and having repeat clients Supplier’s involvement in the institution should be taken seriously. With this in place, suppliers don’t feel left out views and problems are dealt with and heard hence leaving them satisfied. This is very important for client attraction and retention which ultimately leads to organizational performance.
Description
A Research Report Submitted to The College of Economics and Management in Partial Fulfillment of The Requirement for The Award of a Bachelor’s Degree in Procurement and Supply Chain Management Kampala International University
Keywords
Supply Chain Performance
Citation